On the recordApril 21, 2010
You know, the thing that was interesting to me, about December of last year there was a guy who is one cool businessman, he is the CEO of Emerson Electric--which is not a big household name to a lot of people, but Emerson is a gigantic manufacturing company headquartered in St. Louis with operations in countries all over the globe. And this guy was a little bit--I won't say it was a rant, but he was fired up. He said, Look, I think I know something about job creation. And he went back over the record of that company and all of the jobs that had been created and how profitable they were and what they were doing in manufacturing. They have all kinds of really high-tech kinds of things like the electronic controls that control different businesses and huge complicated process industry and things like that, a lot of very sophisticated stuff. They have all of these jobs they have created through all of these years. So this guy is the CEO of this place. He has come up through the ranks. He is an engineer; he knows what it takes to make a company work. And he says, I'll tell you what, with what's being done in this country I can guarantee you we won't be creating jobs in America. We'll create jobs--we're going to create them in foreign countries because the foreign countries aren't doing this crazy stuff. We can put the jobs there and make a decent profit. Essentially what he's saying is the U.S. Government is forcing us not to make jobs and to do all our job creation overseas.
